EDAC Technologies Announces Long-Term Agreement for Military Engine Components
EDAC Technologies Corporation (Nasdaq: EDAC), a diversified designer, manufacturer and servicer of precision components for aerospace and industrial applications, today announced that it has been awarded a long-term agreement (LTA) by an OEM customer to produce a major case assembly for a military engine program with U.S. and export applications. Components produced under the LTA, which extends from 2013 to 2017, will support both new production engines and field service replacements.
With the addition of this agreement, based on projected volumes, EDAC's backlog has increased to approximately $317 million, up from approximately $304.3 million at June 30, 2012.
Solid Oxide Fuel Cell Market - Global Trends & Forecast to 2018
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : EDAC Technologies Corp.
Jun 22 - 24, 2015 - Fort Bragg, United States